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On January 31, 2016, B Corp. issued $600,000 face value, 12% bonds for $600,000 cash. The bonds are dat December 31, 201
Posted: Wed Jul 06, 2022 6:24 am
by answerhappygod
- On January 31 2016 B Corp Issued 600 000 Face Value 12 Bonds For 600 000 Cash The Bonds Are Dat December 31 201 1 (23.74 KiB) Viewed 14 times
On January 31, 2016, B Corp. issued $600,000 face value, 12% bonds for $600,000 cash. The bonds are dat December 31, 2015, and mature on December 31, 2025. Interest will be paid semiannually on June 30 and December 31. What amount of accrued interest payable should B report in its September 30, 2016, balance sheet? O $54,000. O $48,000. O $36,000. O $18,000.